Modern Engineering and Projects zooms on bagging work order worth Rs 60 crore
Modern Engineering and Projects is currently trading at Rs. 36.99, up by 3.19 points or 9.44% from its previous closing of Rs. 33.80 on the BSE.
The scrip opened at Rs. 36.60 and has touched a high and low of Rs. 39.30 and Rs. 35.55 respectively. So far 81356 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 49.89 on 01-Oct-2025 and a 52 week low of Rs. 24.79 on 14-May-2025.
Last one week high and low of the scrip stood at Rs. 39.30 and Rs. 32.50 respectively. The current market cap of the company is Rs. 56.95 crore.
The promoters holding in the company stood at 33.29%, while Institutions and Non-Institutions held 7.24% and 59.47% respectively.
Modern Engineering and Projects has received work order worth Rs 60 crore from Tata Steel for the construction of Priority Bituminous Trunk Road for Neelachal Ispat Nigam expansion Project. The said order is to be executed in around one year.
